Budget

‘Shameful’: Smotrich faces uproar from bereaved families amid push for NIS 30b. defense budget rise

Bereaved families slammed Finance Minister Bezalel Smotrich for skipping a meeting on aid, as he pushed a NIS 30b defense budget increase.

Finance Minister Bezalel Smotrich attends a committee meeting on September 14, 2025.
A plenum session at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, September 10, 2025.

Knesset to vote on NIS 30 billion increase in defense budget, making cuts to other ministries

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Our money, their shares: A way to return funds to the public - opinion

FINANCE MINISTER Bezalel Smotrich addresses a news conference at the Finance Ministry in Jerusalem earlier this month. That Smotrich is not an economist, and is quite ignorant of current economic theory and practice, is no secret, says the writer.

The state of the Israeli economy - opinion


Your Investments: Don’t let summer heat burn your finances

Start planning and saving well in advance of the summer so that the sudden expenses don’t send you scrambling to try and find the money to pay for them.

 Mother and toddler sitting under the tree during summer vacation. (Illustrative).

The price of conflict: Israel's economy has barely survived over a year of war, experts say

The general consensus of the conference was that Israel is only able to survive and thrive thanks to its national resilience and spirit of mutual responsibility.

 Former Bank of Israel governor Karnit Flug.

Israel's forests burn while gov't continues to underfund Fire and Rescue Authority

Our forests are burning, yet the government is stoking the conflagration by cutting budgets.

 A forest fire is seen burning in Israel.

Teachers' Union strike negotiations ends after agreement reached

This follows earlier reports of the Teachers' Union rejecting the compromise proposal to shorten the planned strike from three hours to just one hour.

Schools are quiet as the Teachers' Union seeks to strike, May 5, 2025.

Trump’s 2026 budget request includes plans for an Israeli-inspired ‘Golden Dome for America’

It’s part of Trump’s proposal for a massive $113 billion increase in Department of Defense spending, a jump of 13%, amid widespread cuts elsewhere. 

 U.S. President Donald Trump holds a cabinet meeting at the White House in Washington, D.C., U.S., April 30, 2025.

‘You are being incited with lies’: Smotrich denies Finance Ministry responsible for teacher pay cuts

Smotrich claimed there were necessary budget cuts across multiple sectors as a result of the war's growing cost.

 Finance Minister Bezalel Smotrich at Knesset, February 10, 2025.

Almost half of Israelis do not think you can remove Hamas and release hostages - poll

Israel Democracy Institute found that 68% of respondents would prioritize returning the hostages, compared to 25% who would prioritize toppling Hamas.

A Palestinian Hamas terrorist speaks with a Stephanie Eller before the release of hostages held in Gaza since the deadly October 7, 2023 attack, as part of a ceasefire and a hostages-prisoners swap deal between Hamas and Israel in Khan Yunis, in the southern Gaza Strip, February 15, 2025.

Where priorities lie: Israel's largest-ever budget clogged by political patronage

The Jerusalem Dispatch Podcast with Elliot Jager and Calev Ben-David.

 Elliot Jager and Calev Ben-David on The Jerusalem Dispatch Podcast.

Knesset passes law defining rehabilitation responsibility in Israel's south, releases budgets

With the passing of the law, NIS five billion from the directorate's NIS 19 billion budget will be released for economic, social and infastructure development.

 The destruction caused by Hamas terrorists in Kibbutz Be'eri, near the Israeli-Gaza border, in southern Israel, October 14, 2023.

Israel's economic resilience comes despite gov't policy, expert tells TML

Despite government claims of resilience, economists warn the new budget depends inequality, neglects infrastructure, and bets on short-term political survival over long-term economic stability.

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Smotrich passed the state budget, and all it cost was his party - poll

The Religious Zionist Party, led by Finance Minister Bezalel Smotrich, fell below the electoral threshold with just 2.6% support.

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025